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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: At_The_Ask who wrote (64041)	1/20/2003 5:40:51 PM
From: skinowski	Read Replies (1) \| Respond to of 209892

To someone that uses the precther method the only type of five wave moves possible are impulses and expanding and contracting triangles. The move from the october lows is none of these. It's a three wave move of some type. This is the reason that I will at some point look into NeoWave... It seems that they - like Zoran - have an easier time reflecting this bear market. Every place you look, you see all those 'threes', and the Neo guys seem to 'sort of' expect them. Like everything else in this game, different ways of counting will work better during different periods.